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In another big win for the crypto industry, a panel of federal judges last night sided with Tornado Cash users. They ruled the US Treasury Department unlawfully sanctioned the cryptocurrency mixing service back in 2022. 

There’s nothing like a rare loss for the government heading into a long holiday weekend. 

A quick refresher: The Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash in August 2022, claiming the mixer had been used to launder more than $7 billion in cryptocurrency. 

In September 2022, six Ethereum blockchain users (with financial backing…

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